Video Transcripts

I'm Coy Wells for U.S. money reserve. By the middle of 2023, the Federal Reserve had raised interest rates to their highest level since 2001 in a bid to fight inflation. As of the most recent meeting of the Federal Open Market Committee, or FOMC on December 13th, 2023, the central bank has not elected…

I'm Coy Wells for U.S. Money Reserve. According to several analysts, the risk of a recession has not abated in 2024, despite increased economic optimism. Jim Reed, the head of global economics for Deutsche Bank, says a recession is likely in 2024. In a note to clients, Reed states despite all signs pointing to a…

I'm Coy Wells for U.S. Money Reserve. According to the data released by the Treasury Department on January 2nd, 2024, the size of the U.S. national debt surpassed $34 trillion for the first time ever at the end of 2023. The national debt continues to rapidly expand, having surpassed $33 trillion in September 2023. This…

I thought I'd go through 2023 here on the threshold of 2024 and look at some of the big events that drove gold prices this year. And it was really a big year in terms of price here over the last month or so. Multiple days, we have set all time highs for gold. So I want to look…

2023 is the 60th anniversary of Richard and Robert Sherman's song, "It's a Small World (After All)." The world didn't seem so small when America entered the 1960s, but the Sherman Brothers wrote that little song soon after the Cuban Missile Crisis had driven home to people around the globe just how small nuclear weapons…

Why did gold reach an all time historic high this past week, and is it still a good time to buy gold? Gold traded as high as $2,095 an ounce, passing the previous all time record of $2,089 that was set on August 7th, 2020. So what caused the rise in gold prices? This is…

I'm Coy Wells for U.S. Money Reserve. An increasing number of American consumers are withdrawing money prematurely from their retirement accounts, according to the recent report from Bank of America. 18,000 workers took a hardship withdrawal from their phone case in the third quarter of 2023. This was a 13% increase from the second quarter…

Did you know that America's retirement system has been ranked a C+ by a major study of global retirement systems? This study looked at each country's retirement system for whether the retirement was adequate for its citizens, sustainable for the foreseeable future, and has enough integrity in the system that its citizens can trust that…

Gold is surging, testing the $2,000 announced milestone. Over the past 30 days, prices have jumped by $175 an ounce. They're up $365 an ounce over the past year. Over the past five years, prices have risen by almost $800 an ounce. Meanwhile, what is happening in other asset classes? Stock values have fallen into…

I'm Coy Wells for U.S. Money Reserve. According to the Financial Times, gold prices rallied as much as 10% in October of 2023, reaching a five month high of $1,996 per ounce. There are several factors potentially influencing this rally, areas that you may want to pay attention to. One significant driver of this rally…

How in the world does a first time homebuyer afford a house in today's market? The average price of a home sold in August was $420,000. The typical interest rate for a 30 year fixed rate mortgage today is 7.7%. Not only does that make new homes unaffordable for most buyers, it locks many homeowners…

I'm Coy Wells for U.S. Money Reserve. The stock market has seen a lot of volatility in the last ten months. By the start of October, a series of drops that began in the latter part of the summer had erased all the gains the Dow Jones Industrial Average made in 2023. Other stock indices…